https://www.taxtmi.com/caselaws?id=117374 The Tribunal ruled in favor of the appellant, setting aside the Commissioner's order that confirmed the disputed Modvat credit amount and imposed a penalty. It held that the revenue could not compel the reversal of Modvat credit to meet notification conditions, as non-reversal would result in the denial of benefits. Consequently, the appeal was allowed, granting the appellant consequential relief. en-us Tue, 10 Jan 2006 00:00:00 +0530 Wed, 27 Mar 2024 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117374 The Tribunal ruled in favor of the appellant, setting aside the Commissioner's order that confirmed the disputed Modvat credit amount and imposed a penalty. It held that the revenue could not compel the reversal of Modvat credit to meet notification conditions, as non-reversal would result in the denial of benefits. Consequently, the appeal was allowed, granting the appellant consequential relief. Case-Laws Central Excise Tue, 10 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117374